AFP
CTP · Question #554
(Topic 6) All of the following statements are true about loan participations EXCEPT:
The correct answer is D. they are traded in the secondary market. See the full explanation below for the reasoning.
Question
- (Topic 6)
All of the following statements are true about loan participations EXCEPT:
Options
- Amore than one lender commits to them.
- Bloan advances and payments are divided among the participants.
- Cloan servicing is provided by the lead institution.
- Dthey are traded in the secondary market.
How the community answered
(24 responses)- A4% (1)
- B4% (1)
- C13% (3)
- D79% (19)
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